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   MONEY & BANKING
Wednesday, October 31, 2001 
PNB net profit rises 13.4% to Rs 329 crore in first half
  Delhi-based Punjab National Bank has reported a net profit of Rs 329.02 crore in the first half of the current financial year, registering an increase of 13.4 per cent.
Failure to find suitable projects stalls First Leasing, IDFC SPV
  The special purpose vehicle floated by the Chennai-based non-banking finance company, First Leasing Company of India Ltd along with the Infrastructure Development Finance Company Ltd for funding mega core sector projects is yet to take off as the promoters are unable to identify suitable projects.
StanChart group launches aXcessPlus with debit card
  The Standard Chartered group on Tuesday launched ‘aXcessPlus’, a new savings account with a globally valid debit card. The group has introduced the Standard Chartered and the Standard Chartered Grindlays debit card on the Visa Electron platform.
Interest rate on Hudco Niwas to be cut
  Taking cue from Housing Development Finance Corporation, the Housing and Urban Development Corporation has made up its mind to slash interest rate on its prestigeous Hudco Niwas scheme for individual customers.

   OTHER STORIES
Deutsche Bank is sub-custodian in India for CIBC Oppenheimer
Icra retains Gifco’s FD rating at ‘MA’
UCO Bank revises deposit rates
Market Round-up
 
   
 
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